Financial Results
Total revenue up 10% to £487.2m
Organic revenue growth of 7%
Underlying PBT up 7% to £93.1m
Reported PBT up 3% to £85.1m
Interim dividend increased by 5.2% to 10.1p
Operational and strategic developments
Strong organic growth maintaining track record of last 5 years
Continuing to invest for growth
− Completed three bolt-on acquisitions in Asia, with 450 staff joining
− Additional 300 new joiners
Notable performances from Asia, Latin America, JLT Re and Australia
Business Transformation Programme on target to deliver recurring savings of £12m from 2014 onwards
Dominic Burke, Chief Executive, commented:
"This set of results illustrates how our continuing investments are enabling us to maintain our track record of strong organic growth. Despite the weak insurance rating environment and mixed economic outlook, our clear strategy and momentum give us confidence in our ability to deliver year-on-year financial progress."
